508 Market St Wilmington, NC 28401-4635
Property profile & analytics
508 Market St, Wilmington, NC 28401-4635
- Office buildings
- 2,866 SF
- 0.15 lot acres
Property ID
US53-0142623
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Workers Compensation Law Firm / Law Firm
- Prior Frank / Law Firm
Property Details for 508 Market St
- Year built
- 1969
- Construction
- CONCRETE
- Lot size
- 0.15 lot acres
- Zone code
- HD,HISTORIC DISTRICT
- Property type
- Office buildings
- APN
- R04817-037-016-000
- APU
- R04817037016000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 29, 2025 | $850,000 | Cheb Office LLC | Lee Criner Sherman | Warranty Deed | — |
| Sep 22, 2025 | — | Lee Criner Sherman | 508 Market Street LLC | Quitclaim Deed · related | — |
| Apr 23, 2015 | — | 508 Market Street LLC | Mess Holdings LLC | Warranty Deed · related | $300k · First Citizens Bk |
| Aug 4, 2008 | — | Mess Holdings LLC | Workers Compensation Law Firm | Warranty Deed · related | — |
| Jul 15, 2005 | $355,000 | Workers Compensation Law Firm | Baker & Baker Real Estate Deve | Warranty Deed | $280k · Branch Banking & Trust Co |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $645,000
- 6.5%
- $595,000
- 7%
- $555,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,093,000
- AI Estimate
- $633,000
Market price range: $636k - $1.69MMarket price range: $236k - $899k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,025,000 Current use
- MEDICAL BUILDING
- $930,000 Change: -9% Conversion: Easy
- WAREHOUSE, STORAGE
- $840,000 Change: -18% Conversion: Difficult
- RETAIL STORES
- $835,000 Change: -19% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Hanover
- State
- North Carolina
- Longitude
- -77.9428
- Latitude
- 34.2355
- CBSA code
- 48900
- CBSA name
- WILMINGTON, NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$0.00
$198,500
$299,000
$497,500
-
$198,500
$299,000
$497,500
